Tesla solar deployments plummet while energy storage rises
The nation’s largest residential PV installer deployed only 109 MW of solar during Q3, its lowest level in many years, but it did install 110 MWh of battery storage.
Tesla/SolarCity plans $340 million securitization of distributed solar assets
The latest bundling of solar leases and PPAs by the company that pioneered the practice is not small one.
Tesla seeks $1.5 billion bond offering while shifting its solar strategy
The EV, battery and solar company continues to raise record amounts of cash as it ramps Model 3 production. At the same time, it’s emphasizing profitability from its solar business, which has undergone a significant transformation since the company bought SolarCity.
They’re back: Campaign for Accountability asks FTC to investigate solar industry
The last time the government watchdog group made solar news, they asked the Oregon attorney general to investigate what they called ‘deceptive sales practices’ in the state. Now they’re asking the Federal Trade Commission to do the same nationwide.
Peter Rive to leave Tesla
The SolarCity co-founder has left to “explore other opportunities” two months after his brother and fellow SolarCity Co-Founder Lyndon Rive announced his departure.
Tesla to withdraw South Carolina solar presence
The pending closure of the company’s office in Charleston is the latest sign of a changing approach to residential solar from the market leader.
Sunnova snags $1 billion investment in first three months of 2017
Since 2012, the company has raised nearly $2 billion to support its business model of funding projects off its balance sheet.
Third-party solar scores big court victory in Arizona (full decision embedded)
The state’s appeals court rejected the tax department’s contention that it should be able to treat third-party installed solar arrays as utilities for tax purposes.
Lyndon Rive to leave Tesla in June
The founder of SolarCity says he is leaving to take time off and start a new venture, as Tesla’s solar sales volume contracts and the company shifts focus to profit and new products instead of growth.
Tesla scales down solar deployment in Q1, readies Solar Roof
The first full quarter since Tesla’s acquisition of SolarCity shows a 30% fall in watts of solar deployed, as the company focuses on preparations for the roll-out of its Solar Roof and Model 3 electric vehicle, including expanded battery production.
